Coro Secures $100m Funding Round to Transform Cybersecurity for SMEs
Coro, a cybersecurity platform dedicated to helping small and medium enterprises (SMEs) protect themselves against cyber threats, has just secured $100 million in Series D funding. This funding round was led by One Peak, with existing investors Energy Impact Partners and Balderton Capital also participating.
This new investment brings Coro’s total funds raised to an impressive $255 million in just the last 24 months, highlighting the growing demand for effective cybersecurity solutions in the SME market.
Coro’s all-in-one cybersecurity platform offers SMEs access to enterprise-grade security software, covering endpoint protection, email and user protection, and network and cloud protection. With the rise in cyber-attacks targeting SMEs, Coro’s easy-to-use platform aims to provide affordable and automated protection to these businesses and their service providers.
The funds from this latest round of investment will be used to fuel product innovation, empower channel partners, and accelerate global expansion. By developing tailored security solutions for the SME market, strengthening their partner programs, and increasing brand awareness, Coro aims to further solidify its position as a leader in SME cybersecurity.
With the support of investors like One Peak, Energy Impact Partners, and Balderton Capital, Coro is well-positioned to continue its rapid growth and expansion. As Guy Moskowitz, CEO of Coro, stated, the company’s goal is to offer their innovative cybersecurity solutions to as many organizations as possible, ultimately enabling businesses to protect themselves against the increasing complexities of cyber threats.
